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Canadian Exports Face 50% Tariff Threat | Edmonton News
Description
Trump’s proposed 50% tariffs on Canadian exports are sending shockwaves through small businesses, with nearly 40% of Canadian exporters bracing for a direct hit—ranging from art studios to lumber mills. Worth $20 billion, the potential impact spans key sectors like food, machinery, and forestry, as U.S. trade tensions over alcohol and auto tariffs escalate. With 90% of Canadian exporters worried and 30% extremely concerned, many fear their products will become uncompetitive in America—or worse, lose customers entirely. While some seek alternative markets, most are holding their breath, watching Washington’s next move, knowing survival hinges on unresolved trade talks.
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